lowtrade

[lowtrade]

JAMEYSTOCK my last gifted IHUB membership has run out. I can not longer answer PM's


Your 3 are hopeless IMO, as most all lightning strike pops on the OTC now days. I have not event looked at a pennyland stock for month & months. The OTC is not what it use to be and I see no logical reason anyone would bother unless they are day traders.

It seems now days pennyland is not the wild west, but the land of lightning strikes. Price surges which last from 1 day to 3 max. Then back to oblivion. No volume interest before and NO volume interest after. So one thing remains the same. Big money moves the price and emotion buys the move! Because the only way to move a stock is spending money to make money. And little guys don't have the money or skill to start a move out of the blue.

I checked 8 or 10 stocks on the hot board to see what I could and the only pattern I noticed was day trading is about the only way to make money at the OTC now. You don't buy the flashes you day trade the daily price swings on stocks which have steady volume interest.

In order to day trade pennyland, you need at least 100 mil average daily volume (not just 1 days volume) for a triple zero stock, 10 mil for a double and 1 mil for a single. I noticed stocks with this do have nice daily price swings which can produce trades for 10 to 50% worth trading during the day. You need an audience to be able to get both in & OUT in the same day. And normally your days trading will be done before lunch.

There are exceptions, but most action is between open and lunch with a smaller half the morning swing in the afternoon. Catch a stock that falls at open, expect a reversal some time between 10 & 11 am, buy it and sell before lunch.

Examples:
http://ih.advfn.com/stock-market/USOTC/hybrid-coating-tech-HCTI/stock-price
http://ih.advfn.com/stock-market/OTCBB/intelligent-highway-solutions-IHSI/stock-price
http://ih.advfn.com/stock-market/USOTC/medbox-inc-qb-MDBX/stock-price
http://ih.advfn.com/stock-market/USOTC/voip-pal-com-inc-pc-VPLM/stock-price
http://ih.advfn.com/stock-market/USOTC/eco-depot-inc-pl-ECDP/stock-price